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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Warehouses
14106 131st E St Orting, WA 98360-9090
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1520805
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Construction
STEEL FRAME
Total area
4,225 SF
Lot
1.3 ac (56,628 SF)
Zoning code
RIC
APN
6025080060
UPID
US90-1520805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$1.17M
Owner & transaction history
Akw Land Holdings LLC · 3 yrs held
Akw Land Holdings LLC
since 2022
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
RIC · Orting, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+42.8%
Auto repair, garage
$1.6M
+23.1%
Commercial (general)
$1.4M
+11.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Orting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orting submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,190,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$735,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,260,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,800,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,550,000
Change: +23% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,405,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$1,295,000
Change: +3% · Conversion: Moderate
MEDICAL BUILDING
$1,160,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.15M (Dec 1 2022)
Last sale anchor
$1.15M
Dec 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$276 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,073
Tax year 2024
Assessed value
$1,055,800
Assessed 2024
Previous assessed
$1,055,800
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$642,700
Assessed improvement
$413,100
Land market value
$642,700
Improvement market value
$413,100
Total market value
$1,055,800
Applied tax rate
355.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
4,225 SF
Lot
1.3 ac (56,628 SF)
Zoning code
RIC
APN
6025080060
UPID
US90-1520805
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RIC · Orting, WA
Zoning RIC · permitted uses
RIC · Orting, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orting. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Akw Land Holdings LLC
Entity
Mailing address
14007 131ST ST E, ORTING, WA 98360-9812
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$1,150,000
Akw Land Holdings LLC
Sumner Services LLC
Warranty Deed
$662,500 · Timberland Bank
Feb 10, 2012
—
Sumner Services LLC
—
Trustees Deed
related
$408,000 · Timberland Bank
Mar 15, 2010
$250,000
Sumner Services LLC
Mcmillin Land Holdings LLC
Warranty Deed
$190,757 · Timberland Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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